Cheap Apartments for Rent in Montgomery, MI from $500 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montgomery.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Sherman Apartments
1 Bedroom Apartments

Sherman Apartments

501 Homer RdConcord, MI 49237
  • Utilities Included
property at 515 N State St

515 N State St

KendallvilleIN46755
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Whitman Crossing
3 Bedroom Apartments

Whitman Crossing

10750 W Coomer StMorenci, MI 49256
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Enchanted Glen
1 to 3 Bedroom Apartments

Enchanted Glen

466 S Burr Oak RdColon, MI 49040
  • Utilities Included
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Atz Place
2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
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Montgomery, MI Local Guide

Cheapest Available Montgomery Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montgomery, MI is a Studio unit found at Carriage Park Apartments (Carriage Park Investors) priced from $750. Renaissance Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carriage Park Apartments (Carriage Park Investors)Carriage Park Apartments - Studio (Heat NOT Inc...Studio,1BA$750
Renaissance ApartmentsOne Bedroom1BR,1BA$775
Alpine Lake ApartmentsJunoStudio,1BA$829
Autumn Woods ApartmentsBirchwood1BR,1BA$835
Oak MeadowsIncome Based 2 Bedroom2BR,1BA$850
Virginia Manor ApartmentsOne Bedroom - Square1BR,1BA$850
Riverside ApartmentsOne Bedroom1BR,1BA$875
Carriage House ApartmentOne Bedroom1BR,1BA$875
The Meadows on Michigan Avenue1BR/1BA1BR,1BA$900
Village Manor of Brooklyn2 Bedroom - 1 Bath2BR,1BA$945

Best Value Apartments for Rent in Montgomery, MI and Nearby

As of May 24, 2025 the best value apartment in the Montgomery area is the $0.72 price per square foot 3 Bedroom Unit Model at Whitman Crossing in the starting from $978. The second greatest value Montgomery apartment is the 3 Bedroom Townhome Model at Oak Meadows starting at $1,100 with a $0.98 price per square foot in the Marshall Albion neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Whitman Crossing3 Bedroom Unit3BR,1.5BA$0.72
Oak Meadows3 Bedroom Townhome3BR,1.5BA$0.98
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.02
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.11
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$1.26
Atz PlaceTwo Bedroom2BR,1BA$1.12
The Meadows on Michigan Avenue2BD/1BA2BR,1BA$1.24
Village Manor of Brooklyn2 Bedroom - 1 Bath2BR,1BA$1.11
Riverside ApartmentsOne Bedroom1BR,1BA$1.06
Carriage House ApartmentOne Bedroom1BR,1BA$1.06

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, MI Rentals by Map

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See the most popular apartments and homes in Montgomery, MI

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Getting Around Montgomery, MI

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Montgomery Apartments

What is the Cheapest Studio apartment in Montgomery?

Currently the most affordable Cheap Studio Apartment in Montgomery is at Carriage Park Apartments (Carriage Park Investors) listed at $750.

How much is rent for a Cheap One Bedroom Montgomery Apartment?

The lowest price for a Cheap One Bedroom Montgomery Apartment is $775 at Renaissance Apartments.

What is the lowest price for a Cheap Two Bedroom Montgomery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montgomery is starting from $850 at Oak Meadows.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.